Lucky84 DAPP is a cryptocurrency trading platform that claims to offer a variety of services, including spot trading, margin trading, and derivatives trading. However, there is growing evidence that Lucky84 DAPP is a scam.
Company Overview
Lucky84 DAPP is a relatively new company, having been founded in 2022. The company’s website is poorly designed and lacks any information about its team or management. There is also no way to contact Lucky84 DAPP by phone or email.
Team
The Lucky84 DAPP website does not list any information about the company’s team. This is a red flag, as legitimate brokers should always be transparent about who is running the company.
Services or Products
Lucky84 DAPP claims to offer a variety of services, including spot trading, margin trading, and derivatives trading. However, there is no evidence that these services actually exist. The company’s website does not have any trading charts or order forms.
License and Regulations
Lucky84 DAPP is not licensed by any financial regulatory body. This is a major red flag, as it means that the company is not subject to any oversight or regulation. Unlicensed brokers are more likely to engage in fraudulent activities, such as front-running orders or manipulating prices.
Why Dealing With An Unlicensed Broker Is Risky?
There are several reasons why it is risky to deal with an unlicensed broker. First, unlicensed brokers are not subject to any oversight or regulation. This means that they can engage in fraudulent activities without fear of being caught. Second, unlicensed brokers are often located in offshore jurisdictions, which makes it difficult to track them down if something goes wrong. Third, unlicensed brokers may not have the financial resources to cover their clients’ losses.
Legal Warning Against Lucky84 DAPP
The Financial Conduct Authority (FCA), the UK’s financial regulator, has issued a warning against Lucky84 DAPP. The FCA states that Lucky84 DAPP is not authorized to provide financial services in the UK. This means that it is illegal for UK residents to trade with Lucky84 DAPP.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Client Feedback
There are several online reviews of Lucky84 DAPP, and most of them are negative. Customers have complained about the company’s poor trading platform, slow customer service, and frequent withdrawal delays.
Feedback About Their Trading
Customers who have tried to trade with Lucky84 DAPP have reported that the platform is very slow and unreliable. Orders are often executed at the wrong price, and there have been reports of funds being lost due to technical glitches.
Feedback About Their Customer Service
Customer service at Lucky84 DAPP is reportedly very poor. Customers have complained about long wait times, rude staff, and a lack of transparency.
How Can “Reviews Advice” Help You If You Get Scammed?
If you have been scammed by Lucky84 DAPP or another unlicensed broker, there are a few things you can do. First, you should report the scam to the relevant financial regulator. Second, you should try to get your money back through a chargeback or other legal means. Third, you can warn other potential victims by posting a review on a website like ReviewsAdvice.
We have a team of experts who will evaluate your case. Then they will fix a free consultation call to give you proper guidance and educational resources. Lastly, they will provide you with some recovery service recommendations to help you in recovering the lost fund.
Final Thought
Lucky84 DAPP is a scam broker that should be avoided. If you are considering trading with this company, we urge you to reconsider. There are many legitimate brokers out there that offer the same services without the risk of being scammed. You can also have a look at several online forums to get a real overview.
